GBG
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0.00% 2.9¢ gindalbie metals ltd

Me personally. I think probably not. Costs are around $100/ t...

  1. gmac55
    1,046 Posts.
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    06/06/14
    07:40
    Post #: 13469171
    Me personally. I think probably not. Costs are around $100/ t wit royalties and shipping and moisture.
    Ore $92/t yesterday. Gbg are not getting premium until ore is of higher grade than now.
    Add debt and there is no margin for profit.
    Ore prices might change but I'd say At the moment KML would be losing for every t produced.
    Happy to listen to anyone else's figures.

    Cheers
    G mac
    GBG Price at posting: 6.2¢ Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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